China Private Equity’s Search for Dollars

China’s homegrown private-equity firms are looking for money overseas, in part to diversify their investor base and expand their brands abroad. Moreover, raising money domestically has become tougher amid a slowing economy.

For all but the biggest names, however, winning over Western investors hasn’t been easy.

Hao Wu, chief executive of Sino-Century China Private Equity Partners, said the process for Chinese money managers to get overseas money can be “very long” because Western investors aren’t familiar with local names.

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